Ionik (INIKF) Interest Coverage: 0.12 (As of Mar. 2026) — 71% Below Median


What is Ionik Interest Coverage?

Ionik INIKF Interest Coverage is 0.12 as of Mar. 2026, which is 71% below its 10-year median of 0.42. The stock has 8 warning signs investors should review. Among 602 Media - Diversified companies, Ionik ranks worse than 93.19% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Ionik's Operating Income for the three months ended in Mar. 2026 was $0.3 Mil. Ionik's Interest Expense for the three months ended in Mar. 2026 was $-2.9 Mil. Ionik's interest coverage for the quarter that ended in Mar. 2026 was 0.12. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Ionik Corps earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

The historical rank and industry rank for Ionik's Interest Coverage or its related term are showing as below:

INIKF' s Interest Coverage Range Over the Past 10 Years
Min: 0.08   Med: 0.42   Max: 0.83
Current: 0.73


INIKF's Interest Coverage is ranked worse than
93.19% of 602 companies
in the Media - Diversified industry
Industry Median: 11.775 vs INIKF: 0.73

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Ionik  (OTCPK:INIKF) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Ionik Interest Coverage Related Terms


Ionik Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ionik's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Ionik Interest Coverage Chart

Ionik Annual Data
Trend Dec19 Dec20 Dec21 Sep22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 0.00 0.08 0.25 0.42 0.73

Ionik Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.88 0.89 0.81 0.12

INIKF vs APP, OMC, TTD: Interest Coverage Comparison

For the Advertising Agencies subindustry, Ionik's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ionik Interest Coverage vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Ionik's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ionik's Interest Coverage falls into.



Ionik Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Ionik's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Ionik's Interest Expense was $-18.3 Mil. Its Operating Income was $13.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $7.4 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*13.364/-18.285
=0.73

Ionik's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Ionik's Interest Expense was $-2.9 Mil. Its Operating Income was $0.3 Mil. And its Long-Term Debt & Capital Lease Obligation was $4.4 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*0.347/-2.874
=0.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0.12 mean?
Ionik (INIKF) has a Interest Coverage of 0.12 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ionik and its competitors. This is 71% below median its historical median of 0.42. Over the past decade, Ionik's Interest Coverage has ranged from 0.08 to 0.83. According to the industry distribution chart, Ionik ranks #561 out of 602 companies in the Media - Diversified industry, placing it in the top 93.2%.
Is Ionik's Interest Coverage too high?
Ionik's current Interest Coverage of 0.12 is 71% below median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.83. The Media - Diversified industry median Interest Coverage is 11.78. Ionik's value of 0.12 is 99% below this industry median. Based on the distribution chart, Ionik ranks #561 out of 602 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers.
How does Ionik's Interest Coverage compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Ionik ranks #561 out of 602 companies for Interest Coverage. This places Ionik in the lower half of its industry. The industry median Interest Coverage is 11.78. Ionik's value of 0.12 is 99% below this benchmark. Historically, Ionik's own Interest Coverage has ranged from 0.08 to 0.83 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 11.78, Ionik has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Media - Diversified company?
The median Interest Coverage among Media - Diversified companies is 11.78, based on 602 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ionik's current Interest Coverage of 0.12 is 99% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ionik and its competitors. For the Media - Diversified industry, the median Interest Coverage is 11.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ionik's current Interest Coverage is 0.12, which is 71% below median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ionik stock overvalued right now?
Based on GuruFocus' analysis, Ionik (INIKF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.09, compared to a current price of $0.04 — trading 57.2% below its estimated fair value. The current Interest Coverage is 0.12, which is 71% below median its 10-year median of 0.42 and 99% below the Media - Diversified industry median of 11.78. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Ionik (INIKF), the current Interest Coverage is 0.12 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ionik Business Description

Other Exchanges INIK:Canada
Address 1 University Avenue, 3rd Floor, Toronto, ON, CAN, M5J 2P1
Ionik Corp is a data-driven performance marketing technology company focused on assembling the effective and complete suite of advertising, marketing, and monetization solutions for brands, advertisers, and publishers while building an extensive proprietary repository of opted-in first-party data. The company has three reportable segments: Marketing Optimization, Media Activation, and Corporate, of which Market Optimization segment derives maximum revenue. Geographically, it operates in United States; Canada; and Others. It generates majority revenue from United States.